Dedicated to Deposits: Deals, Data, and Discussion

Credit Union of Georgia Lowers CD Rates, But Still as High as 5.75%


Credit Union of Georgia
Credit Union of Georgia lowered rates on its share certificates this week, but the rates remain very competitive with the top yield of 5.75% APY for a 60-month term and a $50k minimum deposit. The old and the current yields are shown below:

Term Old APY New APY
6-mo 5.55% 5.44%
12-mo 5.67% 5.55%
24-mo 5.71% 5.59%
36-mo 5.76% 5.64%
48-mo 5.81% 5.69%
60-mo 5.86% 5.75%

As I mentioned in my previous post, anyone can join this credit union via membership into the GettingAhead Association. According to the association's website, "membership is open to any individual who is genuinely committed to improving their own financial well-being." There's a $5 fee to join this association. Employees and students of several select groups can be immediately eligible to join the credit union without joining the association. Please refer to the credit union's who can join page for more details. Membership into the credit union requires a minimum $10 deposit into a savings account. There's a membership application in pdf format that's available online. Copies of two forms of ID are required to be mailed in.

For more info on this credit union, please see my last month post. Branches are located just northwest of Atlanta, Georgia in the cities of Kennesaw, Marietta, Dallas and Woodstock. The credit union is federally insured by the NCUA (Charter # 68571). It has $141.5 million in assets and 27,039 members.

Thanks to the reader who mentioned these rate updates in the finding deals post.

Related Pages: Credit Union of Georgia, CD rates

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